signal strength 2 of 5
According to the chart of M15, NZDJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 84.77 while the median line of the Neck is found at 84.36/84.56. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of NZDJPY will go towards 85.00
The M5 and M15 time frames may have more false entry points.
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On the chart of SILVER M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 36.64; the lower boundary 36.48; the width of the pattern 155 points
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5251; the lower boundary 0.5243; the width of the pattern 8 points
The M5 and M15 time frames may have more false entry points.
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On the chart of USDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8014; the lower boundary 0.8007; the width of the pattern 7 points
The M5 and M15 time frames may have more false entry points.
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